Holly Hill Road East Community Development District

Agenda December 12, 2023

Holly Hill Road East
Community Development District

December 5, 2023
Board of Supervisors Holly Hill Road East
219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
Community Development District
Dear Board Members:
A meeting of the Board of Supervisors of Holly Hill Road East Community Development District will be held Tuesday, December 12, 2023 at 11:00 AM at the Lake Alfred Public Library, 245 N. Seminole Ave, Lake Alfred, FL 33850.
Those members of the public wishing to attend the meeting can do so using the information below:
Zoom  Video  Link:  https://us06web.zoom.us/j/81664804962
Zoom Call-In Information: 1-646-876-9923
Meeting ID: 816 6480 4962
Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of Minutes of the October 10, 2023 Board of Supervisors Meeting
Consideration of License Agreement for SwimKids USA
Consideration of License Agreement with Citrus Reserve HOA for Community Billboard
Presentation of Series 2017 Arbitrage Rebate Calculation Reports
Consideration of Data Sharing and Usage Agreement with Polk County - ADDED
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment
Sincerely,
Tricia L. Adams
Tricia L. Adams District Manager

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MINUTES OF MEETING HOLLY HILL ROAD EAST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Holly Hill Road East Community Development District was held on Tuesday, October 10, 2023 at 11:23 a.m. at the Lake Alfred Public Library, 245 N. Seminole Ave, Lake Alfred, Florida and via Zoom.

Present and constituting a quorum were:

Adam Morgan	Chairman
Brent Kewley	Vice Chairman
Kayla Word	Assistant Secretary
Rob Bonin	Assistant Secretary
Barry Bichard	Assistant Secretary Also, present were:

Tricia Adams	District Manager, GMS
Jill Burns	District Manager, GMS
Grace Kobitter	District Counsel, KVW Law
Chace Arrington	District Engineer
Marshall Tindall	GMS Field Services

The following is a summary of the discussions and actions taken at the October 10, 2023 Holly Hill Road East Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order. There were five Board members present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams stated that there were no members of the public attending the meeting in person nor any members attending via Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the August 15,
2023 Board of Supervisors Meeting
Ms. Adams presented the minutes of the August 15, 2023 Board of Supervisors meeting. These meeting minutes have been reviewed by staff. She asked for any comments or corrections from the Board members. The Board had no changes to the minutes.

FOURTH ORDER OF BUSINESS	Consideration	of	Dewberry	Work
Authorization for Fiscal Year 2024 Engineering Services
Ms. Adams stated Chace Arrington is on the line representing Dewberry for District Engineering Services today. This is a work authorization for general services and engineering ncosts including a fee schedule. Ms. Adams asked Chace for any comments before the Board considers this work authorization. Mr. Arrington stated he had no additional comments but would be happy to answer any questions. Mr. Morgan stated he reviewed it and it looks good so making a motion to approve.

FIFTH ORDER OF BUSINESS	Consideration of Fiscal Year 2023 Audit
Engagement Letter from McDirmit Davis
Ms. Adams stated included in the agenda packet is a work authorization for this year’s annual independent audit. The Board had previously selected McDirmit Davis as a result of the recommendation from the Audit Committee. She noted they had entered into a multiyear agreement. She noted the fee for this year’s audit of $4,100 is in accordance with both the budgeted amount as well as the multiyear audit agreement. She asked for any discussion, if not is there a motion to approve the Fiscal Year 2023 Audit Engagement with McDirmit Davis?

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-01
Certifying Assessment Area 3 Project Complete
Ms. Adams explained Resolution 2024-01 has been prepared by District Counsel and is regarding some of the declarations certifying the project complete. She noted the Trust Indenture requires this step to be taken. It is a different step than what the Board is used to with the first conveyance to the District and where the District Engineer is certifying that project, this is an overall certification. She noted District Counsel has prepared the resolution. Ms. Kobitter stated attached as an exhibit is the District Engineer’s Certificate which Rey has reviewed and executed. That certificate certifies that the project has been completed and in substantial compliance with these specifications and that all of the costs incurred through the project have been paid and all of the plans and permits necessary for O&M of the project have been transferred accordingly. Mr. Morgan asked what assessment area 3 is and if the funds have all been exhausted. Ms. Adams stated yes, and this is required as part of your Trust Indenture to declare the project complete. Ms. Adams stated she would provide Board members with information about what assessment areas 3 and 4 cover.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-02
Certifying Assessment Area 4 Project Complete
Ms. Adams asked for any discussion regarding the approval of Resolution 2024-02 for assessment area 4 or does District Counsel have any comments for the Board. Ms. Kobitter stated nothing additional, it’s a similar resolution just for a different assessment area.

EIGHTH ORDER OF BUSINESS	Presentation	of	Arbitrage	Rebate
Calculation Reports
Series 2020 – Assessment Area 3
Series 2020 Assessment Area 4
Ms. Adams stated as the Board is aware this is the assessment area 3 project. The tax- exempt bonds are regulated by the IRS and they require that we are not earning more interest than what we are paying. She noted if we do get into an arbitrage issue, there is a penalty that is due to the IRS in five-year intervals so that is why these reports are produced. She noted there are two arbitrage rebate calculation reports, series 2020 assessment area 3 and series 2020 assessment area 4 confirming that we do not currently have an arbitrage issue so looking for a motion to accept the arbitrage rebate calculation reports.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Kobitter stated nothing additional to report unless the Board has any questions.

Engineer
Ms. Arrington stated nothing at this time.

Field Manager’s Report
Mr. Tindall stated this report is on page 82 of your agenda packet. He noted nothing out of the ordinary really. Amenities and everything look good overall. He stated just minor touch ups. The playgrounds were treated for some ants but no other issues at the playgrounds. Pools facility maintenance staff has just replaced one of the fans under the lanai and replaced some baby changing stations that had damaged brackets. Mr. Morgan asked about the pond in the landscape review. Mr. Tindall stated currently the landscapers mow them. Mr. Morgan asked if we normally disc the ponds? Mr. Bonin stated this is one area that we never inducted that criteria. Mr. Morgan

stated as long as it is draining, he doesn’t have a problem keeping it mowed as long as the engineer is good with it. Mr. Tindall stated the soil is fairly sandy and percolates very well so he doesn’t see an issue. He noted if there is water standing in these ponds for too long, he will work with the landscaper and get is disced. Mr. Tindall stated other than that landscaping wise, they were completing some touchups that were previously approved at Citrus Reserve primarily along the walls and entrance planter. He noted most of the other planters are still doing well. He noted overall the plantings at the pool that were done earlier in the year still look good. Mr. Morgan stated the gate was finally installed. Mr. Tindall stated yes, the gate has been installed and the landscaper has been notified that there is a lock on it now and they have clear access to it. He noted the only other thing is the Citrus Landing well GFI outlet, he believes it was Adams Homes contractors using the outlet and unplugging the irrigation to avoid using a generator and stringing a long extension cord. Mr. Morgan asked who was doing that. Mr. Tindall stated he believes it was Adams Homes. He spoke with the project manager there who said he would talk to them, but Mr. Tindall stated he still found they tried to jam the electrical cord and plug the well in at the same time which they couldn’t do and broke the outlet cover so I locked it and that was that. Mr. Morgan stated okay good, thank you.
Mr. Morgan asked if the landscapers were cleaning up the trash that comes out of the stormwater. Mr. Tindall stated yes. He noted other than that routine maintenance, scheduling regular interval treatment of the chairs for mildew, shade canopy and public sidewalks for the holiday season.

District Manager’s Report
Approval of Check Register
Ms. Adams presented the check register summary from August 1, 2023 through September 26, 2023 totaling $155,195.03. She noted behind the register is a detailed run summary. She asked for any questions?

Balance Sheet & Income Statement
Ms. Adams reviewed the balance sheet & income statement. These are the unaudited financials through the end of August. She noted they do keep an eye on the unassigned balance and general fund on page 103 and also the prorated rate compared to the actuals. She noted this District has been fully collected on their tax revenue for Fiscal Year 2023 and in each case the Board has done a great job controlling expenses. No action was required for this item.

TENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

TWELFTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

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This item will be provided under
separate cover

!!"#$%& 5
From: Monica Virgen mvirgen@gmscfl.com
Subject: Fwd: Community sign - Citrus Reserve
Date: December 6, 2023 at 10:27 AM
To:

---------- Forwarded message ---------
From: citrusreservefl <citrusreservefl@gmail.com> Date: Thu, Oct 19, 2023 at 3:04 PM
Subject: FW: Community sign - Citrus Reserve To: Tricia Adams <tadams@gmscfl.com>

Hi Tricia

I'm just following up on the request to place a community weather proof bulletin board in Citrus Reserve (I included a screenshot) to be used for community notices, events and reminders. We have no problem budgeting for the sign, but I would like confirmation it is OK to place it near the mailboxes and if it would be possible for your maintenance people to install it for us. We are finalizing our budget for our annual budget meeting early next month.

Thanks so much for your assistance. Julie Steddom
Sent from my Verizon, Samsung Galaxy smartphone

-------- Original message --------
From: citrusreservefl <citrusreservefl@gmail.com> Date: 10/9/23 3:29 PM (GMT-05:00)
To: Tricia Adams <tadams@gmscfl.com> Subject: Community sign - Citrus Reserve

Hi Tricia

We would like to add a community "Trail sign" (I added a picture) we can use to post different memos and notices within our community. Is this something we need to add to our HOA budget or would it need to come from the CDD? If we purchase it, is there any issue with having it installed near the mailboxes? And lastly, would your maintenance people be willing install it for us? We are working on our budget now.

Thanks so much! Julie Steddom

Sent from my Verizon, Samsung Galaxy smartphone

(	Message Centers
Message Center Sign with Posts - Cedar

Color: Cedar

$880 / Price Each	Subtotal: $880.00

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REBATE REPORT
$4,160,000
Holly Hill Road East Community Development District
(City of Davenport, Florida)
Special Assessment Bonds, Series 2017

Dated: November 9, 2017
Delivered: November 9, 2017

Rebate Report to the Computation Date November 9, 2027
Reflecting Activity To October 31, 2023

TABLE OF CONTENTS

AMTEC Opinion	3
Summary of Rebate Computations	4
Summary of Computational Information and Definitions	5
Methodology	7
Sources and Uses	8
Proof of Arbitrage Yield	9
Bond Debt Service	11
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund	13
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	16
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	17
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	18
Arbitrage Rebate Calculation Detail Report – Amenity Project Fund	20
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	21

November 7, 2023

Holly Hill Road East Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$4,160,000 Holly Hill Road East Community Development District (City of Davenport, Florida) Special Assessment Bonds, Series 2017

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Holly Hill Road East Community Development District (the “District”)

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of October 31, 2024. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo Senior Vice President
Trong M. Tran Assistant Vice President
SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the November 9, 2027 Computation Date
Reflecting Activity from November 9, 2017 through October 31, 2023

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Fund	0.940910%	8,832.19	(57,437.06)	
Capitalized Interest Fund	0.971913%	428.75	(2,675.33)	
Cost of Issuance Fund	0.728645%	0.74	(6.60)	
Debt Service Reserve Fund	1.391290%	9,663.99	(33,188.50)	
Amenity Project Fund	1.129843%	2,806.07	(14,350.43)	
Totals	1.125598%	$21,731.74	$(107,657.92)	
Bond Yield	4.825345%			
Rebate Computation Credits	(12,294.01)			
Net Rebatable Arbitrage	$(119,951.93)			

Based upon our computations, no rebate liability exists.
SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from November 9, 2017, the date of the closing, to October 31, 2023, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of November 9, 2027.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between November 9, 2017 and October 31, 2023, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
November 9, 2027.

Computation Period
The period beginning on November 9, 2017, the date of the closing, and ending on October 31, 2023.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.
Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund / Account	Account Number	
Revenue	249066000	
Interest	249066001	
Sinking	249066002	
Acquisition and Construction	249066003	
Amenity Project	249066004	
Debt Service Reserve	249066005	
Cost of Issuance	249066006	
Prepayment	249066007	
General	249066008	
METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of October 31, 2023, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to November 9, 2027. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on November 9, 2027, is the Rebatable Arbitrage.
$4,160,000
Holly Hill Road East Community Development District (City of Davenport, Florida)
Special Assessment Bonds, Series 2017 Delivered: November 9, 2017

Par Amount	$4,160,000.00	
Net Original Issue Discount	-13,423.30	
Total	$4,151,576.70	

Acquisition & Construction Fund	$3,335,302.82	
Amenity Project Fund	345,000.00	
Debt Service Reserve Fund	132,279.69	
Cost of Issuance Fund	158,300.00	
Capitalized Interest Fund	92,494.19	
Underwriter’s Discount	83,200.00	
Total	$4,146,576.70	

PROOF OF ARBITRAGE YIELD

$4,160,000
Holly Hill Road East Community Development District (City of Davenport, Florida)
Special Assessment Bonds, Series 2017

Date	

Debt Service	Present Value to 11/09/2017
@ 4.8253446801%	
05/01/2018	92,494.19	90,410.93	
11/01/2018	96,796.25	92,387.09	
05/01/2019	166,796.25	155,448.08	
11/01/2019	95,571.25	86,970.63	
05/01/2020	165,571.25	147,121.65	
11/01/2020	94,346.25	81,858.28	
05/01/2021	169,346.25	143,469.59	
11/01/2021	93,033.75	76,961.07	
05/01/2022	168,033.75	135,729.23	
11/01/2022	91,721.25	72,342.44	
05/01/2023	171,721.25	132,249.34	
11/01/2023	90,321.25	67,921.26	
05/01/2024	175,321.25	128,735.00	
11/01/2024	88,578.75	63,509.39	
05/01/2025	173,578.75	121,520.97	
11/01/2025	86,836.25	59,361.11	
05/01/2026	176,836.25	118,037.11	
11/01/2026	84,991.25	55,394.65	
05/01/2027	179,991.25	114,548.99	
11/01/2027	83,043.75	51,605.16	
05/01/2028	183,043.75	111,067.60	
11/01/2028	80,993.75	47,987.74	
05/01/2029	185,993.75	107,602.77	
11/01/2029	78,565.63	44,381.71	
05/01/2030	183,565.63	101,253.27	
11/01/2030	76,137.50	41,007.44	
05/01/2031	186,137.50	97,891.32	
11/01/2031	73,593.75	37,791.80	
05/01/2032	188,593.75	94,564.95	
11/01/2032	70,934.38	34,730.10	
05/01/2033	195,934.38	93,671.21	
11/01/2033	68,043.75	31,763.62	
05/01/2034	198,043.75	90,271.21	
11/01/2034	65,037.50	28,946.65	
05/01/2035	200,037.50	86,934.49	
11/01/2035	61,915.63	26,274.07	
05/01/2036	201,915.63	83,664.89	
11/01/2036	58,678.13	23,740.83	
05/01/2037	208,678.13	82,440.92	
11/01/2037	55,209.38	21,297.33	
05/01/2038	210,209.38	79,179.11	
11/01/2038	51,625.00	18,987.37	
05/01/2039	216,625.00	77,796.44	
11/01/2039	47,500.00	16,656.78	
05/01/2040	217,500.00	74,473.71	
11/01/2040	43,250.00	14,460.26	
05/01/2041	223,250.00	72,883.26	
11/01/2041	38,750.00	12,352.48	
05/01/2042	228,750.00	71,201.65	
11/01/2042	34,000.00	10,333.66	
05/01/2043	234,000.00	69,444.43	
11/01/2043	29,000.00	8,403.61	
05/01/2044	239,000.00	67,625.74	
11/01/2044	23,750.00	6,561.82	
05/01/2045	243,750.00	65,758.42	
11/01/2045	18,250.00	4,807.46	
05/01/2046	248,250.00	63,854.07	

PROOF OF ARBITRAGE YIELD

$4,160,000
Holly Hill Road East Community Development District (City of Davenport, Florida)
Special Assessment Bonds, Series 2017

Date	

Debt Service	Present Value to 11/09/2017
@ 4.8253446801%	
11/01/2046	12,500.00	3,139.47	
05/01/2047	257,500.00	63,149.39	
11/01/2047	6,375.00	1,526.58	
05/01/2048	261,375.00	61,115.11	
	8,051,192.99	4,146,576.70	
	
Proceeds Summary		

Delivery date	11/09/2017	
Par Value	4,160,000.00	
Premium (Discount)	-13,423.30	
Target for yield calculation	4,146,576.70	

BOND DEBT SERVICE

$4,160,000
Holly Hill Road East Community Development District (City of Davenport, Florida)
Special Assessment Bonds, Series 2017

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/09/2017						
05/01/2018			92,494.19	92,494.19	92,494.19	
11/01/2018			96,796.25	96,796.25		
05/01/2019	70,000	3.500%	96,796.25	166,796.25	263,592.50	
11/01/2019			95,571.25	95,571.25		
05/01/2020	70,000	3.500%	95,571.25	165,571.25	261,142.50	
11/01/2020			94,346.25	94,346.25		
05/01/2021	75,000	3.500%	94,346.25	169,346.25	263,692.50	
11/01/2021			93,033.75	93,033.75		
05/01/2022	75,000	3.500%	93,033.75	168,033.75	261,067.50	
11/01/2022			91,721.25	91,721.25		
05/01/2023	80,000	3.500%	91,721.25	171,721.25	263,442.50	
11/01/2023			90,321.25	90,321.25		
05/01/2024	85,000	4.100%	90,321.25	175,321.25	265,642.50	
11/01/2024			88,578.75	88,578.75		
05/01/2025	85,000	4.100%	88,578.75	173,578.75	262,157.50	
11/01/2025			86,836.25	86,836.25		
05/01/2026	90,000	4.100%	86,836.25	176,836.25	263,672.50	
11/01/2026			84,991.25	84,991.25		
05/01/2027	95,000	4.100%	84,991.25	179,991.25	264,982.50	
11/01/2027			83,043.75	83,043.75		
05/01/2028	100,000	4.100%	83,043.75	183,043.75	266,087.50	
11/01/2028			80,993.75	80,993.75		
05/01/2029	105,000	4.625%	80,993.75	185,993.75	266,987.50	
11/01/2029			78,565.63	78,565.63		
05/01/2030	105,000	4.625%	78,565.63	183,565.63	262,131.26	
11/01/2030			76,137.50	76,137.50		
05/01/2031	110,000	4.625%	76,137.50	186,137.50	262,275.00	
11/01/2031			73,593.75	73,593.75		
05/01/2032	115,000	4.625%	73,593.75	188,593.75	262,187.50	
11/01/2032			70,934.38	70,934.38		
05/01/2033	125,000	4.625%	70,934.38	195,934.38	266,868.76	
11/01/2033			68,043.75	68,043.75		
05/01/2034	130,000	4.625%	68,043.75	198,043.75	266,087.50	
11/01/2034			65,037.50	65,037.50		
05/01/2035	135,000	4.625%	65,037.50	200,037.50	265,075.00	
11/01/2035			61,915.63	61,915.63		
05/01/2036	140,000	4.625%	61,915.63	201,915.63	263,831.26	
11/01/2036			58,678.13	58,678.13		
05/01/2037	150,000	4.625%	58,678.13	208,678.13	267,356.26	
11/01/2037			55,209.38	55,209.38		
05/01/2038	155,000	4.625%	55,209.38	210,209.38	265,418.76	
11/01/2038			51,625.00	51,625.00		
05/01/2039	165,000	5.000%	51,625.00	216,625.00	268,250.00	
11/01/2039			47,500.00	47,500.00		
05/01/2040	170,000	5.000%	47,500.00	217,500.00	265,000.00	
11/01/2040			43,250.00	43,250.00		
05/01/2041	180,000	5.000%	43,250.00	223,250.00	266,500.00	
11/01/2041			38,750.00	38,750.00		
05/01/2042	190,000	5.000%	38,750.00	228,750.00	267,500.00	
11/01/2042			34,000.00	34,000.00		
05/01/2043	200,000	5.000%	34,000.00	234,000.00	268,000.00	
11/01/2043			29,000.00	29,000.00		
05/01/2044	210,000	5.000%	29,000.00	239,000.00	268,000.00	
11/01/2044			23,750.00	23,750.00		
05/01/2045	220,000	5.000%	23,750.00	243,750.00	267,500.00	
11/01/2045			18,250.00	18,250.00		
05/01/2046	230,000	5.000%	18,250.00	248,250.00	266,500.00	

BOND DEBT SERVICE

$4,160,000
Holly Hill Road East Community Development District (City of Davenport, Florida)
Special Assessment Bonds, Series 2017

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2046			12,500.00	12,500.00		
05/01/2047	245,000	5.000%	12,500.00	257,500.00	270,000.00	
11/01/2047			6,375.00	6,375.00		
05/01/2048	255,000	5.000%	6,375.00	261,375.00	267,750.00	
	4,160,000		3,891,192.99	8,051,192.99	8,051,192.99	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)

11/09/17	Beg	Bal	-3,335,302.82	-5,372,906.03	
11/14/17			49,818.00	80,199.68	
11/14/17			37,073.73	59,683.28	
11/14/17			85,934.45	138,341.88	
11/14/17			3,000.00	4,829.56	
11/14/17			5,692.07	9,163.40	
11/21/17			3,000.00	4,825.09	
11/21/17			396,988.85	638,501.67	
12/06/17			3,000.00	4,815.51	
12/19/17			26,547.00	42,539.13	
12/19/17			157,645.71	252,612.77	
12/19/17			3,000.00	4,807.22	
12/19/17			18,438.98	29,546.77	
12/19/17			217,026.61	347,765.21	
12/19/17			1,000.00	1,602.41	
01/04/18			3,000.00	4,797.68	
01/09/18			11,157.98	17,832.34	
01/09/18			277,595.10	443,643.92	
01/09/18			30,850.00	49,303.52	
01/16/18			2,310.50	3,689.15	
01/16/18			12,375.00	19,759.02	
01/17/18			3,000.00	4,789.43	
01/24/18			12,375.00	19,738.09	
01/29/18			2,567.35	4,092.21	
01/29/18			12,837.50	20,462.22	
01/29/18			18,400.00	29,328.52	
02/08/18			10,721.00	17,068.29	
02/08/18			102,618.00	163,372.21	
02/08/18			3,000.00	4,776.13	
02/08/18			1,504.50	2,395.23	
02/08/18			298,238.77	474,808.78	
02/08/18			-12,375.00	-19,701.53	
02/20/18			3,000.00	4,768.54	
02/23/18			4,150.00	6,593.86	
03/01/18			5,075.35	8,055.60	
03/12/18			15,013.00	23,793.94	
03/12/18			3,000.00	4,754.67	
03/12/18			235,412.25	373,102.37	
03/14/18			116,962.55	185,323.60	
03/15/18			-17,813.78	-28,221.65	
03/21/18			1,145.00	1,812.54	
03/21/18			11,498.89	18,202.76	
03/21/18			3,000.00	4,749.00	
03/21/18			522.50	827.12	
03/21/18			20,790.00	32,910.60	
03/28/18			2,400.00	3,795.68	
04/04/18			3,000.00	4,740.83	
04/04/18			318,725.27	503,674.53	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
04/04/18		27,270.00	43,094.18	
04/04/18		17,209.00	27,195.00	
04/04/18		85,920.13	135,777.69	
04/05/18		70,950.46	112,106.60	
04/09/18		6,711.13	10,598.43	
04/09/18		43,556.33	68,785.54	
04/20/18		3,000.00	4,730.80	
04/20/18		4,142.04	6,531.72	
04/24/18		10,062.51	15,859.50	
05/07/18		3,000.00	4,720.16	
05/07/18		8,749.19	13,765.85	
05/07/18		24,338.51	38,293.87	
05/07/18		4,750.00	7,473.58	
05/07/18		11,600.00	18,251.28	
05/07/18		15,173.40	23,873.62	
05/07/18		60,342.00	94,941.27	
05/07/18		6,982.41	10,986.03	
05/07/18		75.00	118.00	
05/17/18		150,000.00	235,695.54	
05/22/18		59,647.92	93,662.95	
05/23/18		3,000.00	4,710.17	
05/23/18		52,225.50	81,996.93	
06/01/18		1,440.00	2,258.49	
06/01/18		1,198.00	1,878.93	
06/07/18		7,079.80	11,095.09	
06/07/18		3,000.00	4,701.44	
06/07/18		50,839.00	79,672.18	
06/19/18		3,000.00	4,693.97	
07/02/18		-11,600.00	-18,118.81	
07/17/18		1,142.00	1,780.23	
07/17/18		3,000.00	4,676.60	
07/17/18		5,674.96	8,846.50	
07/17/18		700.00	1,091.21	
07/17/18		3,000.00	4,676.60	
08/10/18		882.00	1,370.74	
08/10/18		3,000.00	4,662.37	
08/24/18		3,000.00	4,653.74	
08/24/18		150.00	232.69	
08/24/18		10,062.51	15,609.43	
09/10/18		-0.01	-0.02	
09/17/18		3,000.00	4,639.58	
09/17/18		1,384.50	2,141.17	
09/17/18		140.00	216.51	
09/17/18		4,675.00	7,230.02	
10/01/18		1,568.00	2,420.46	
10/02/18		1,012.50	1,562.75	
10/18/18		800.00	1,232.15	
10/18/18		10,125.00	15,594.43	

		ARBITRAGE REBATE CALCULATION DETAIL REPORT		
		
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
12/11/18		31,580.27	48,299.40	
12/26/18		882.00	1,346.27	
04/17/19		500.00	752.05	
05/16/19		160.00	239.73	
07/23/19		9,811.82	14,571.56	
11/09/27	TOTALS:	8,832.19	-57,437.06	

ISSUE DATE:	11/09/17	REBATABLE ARBITRAGE:	-57,437.06	
COMP DATE:	11/09/27	NET INCOME:	8,832.19	
BOND YIELD: 4.825345%	TAX INV YIELD:	0.940910%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
11/09/17	Beg Bal	-92,494.19	-149,000.74	
12/04/17		39.18	62.91	
01/03/18		64.25	102.76	
02/02/18		73.32	116.82	
03/02/18		68.12	108.11	
04/03/18		88.58	140.00	
05/01/18		92,494.19	145,644.77	
05/02/18		95.30	150.04	
11/09/27	TOTALS:	428.75	-2,675.33	

ISSUE DATE:	11/09/17	REBATABLE ARBITRAGE:	-2,675.33	
COMP DATE:	11/09/27	NET INCOME:	428.75	
BOND YIELD: 4.825345%	TAX INV YIELD:	0.971913%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
11/09/17	Beg Bal	-158,300.00	-255,008.64	
11/09/17		23,000.00	37,051.16	
11/09/17		38,000.00	61,214.96	
11/09/17		42,500.00	68,464.10	
11/09/17		5,000.00	8,054.60	
11/09/17		44,000.00	70,880.48	
11/10/17		4,501.00	7,249.79	
11/27/17		1,250.00	2,008.86	
05/23/18		49.74	78.09	
11/09/27	TOTALS:	0.74	-6.60	

ISSUE DATE:	11/09/17	REBATABLE ARBITRAGE:	-6.60	
COMP DATE:	11/09/27	NET INCOME:	0.74	
BOND YIELD: 4.825345%	TAX INV YIELD:	0.728645%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)

11/09/17	Beg	Bal	-132,279.69	-213,092.00	
12/04/17			56.04	89.98	
01/03/18			91.88	146.96	
02/02/18			104.86	167.07	
03/02/18			97.42	154.60	
04/03/18			126.69	200.23	
05/02/18			136.29	214.58	
06/04/18			146.05	228.97	
07/03/18			152.97	238.90	
08/02/18			166.45	258.96	
09/05/18			170.81	264.58	
10/02/18			173.15	267.25	
10/23/18			17,401.57	26,783.99	
11/02/18			191.51	294.42	
12/04/18			172.71	264.39	
01/03/19			187.63	286.13	
02/04/19			197.27	299.60	
03/04/19			176.44	266.90	
04/02/19			197.21	297.21	
05/02/19			192.05	288.29	
06/04/19			195.50	292.23	
07/02/19			184.89	275.35	
08/02/19			189.34	280.85	
09/04/19			168.16	248.38	
10/02/19			159.69	235.00	
11/04/19			143.26	209.93	
12/03/19			122.35	178.60	
01/03/20			120.08	174.59	
02/04/20			116.66	168.92	
03/03/20			108.82	156.97	
04/02/20			47.38	68.08	
05/04/20			0.57	0.82	
06/02/20			0.59	0.84	
07/02/20			0.57	0.81	
08/04/20			0.59	0.83	
09/02/20			0.59	0.83	
10/02/20			0.57	0.80	
10/23/20			440.62	616.50	
11/03/20			0.58	0.81	
12/02/20			0.57	0.79	
01/05/21			0.58	0.80	
02/02/21			0.58	0.80	
03/02/21			0.53	0.73	
04/02/21			0.58	0.79	
05/04/21			660.94	901.67	
05/04/21			0.57	0.78	
06/02/21			0.58	0.79	
07/02/21			0.56	0.76	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
08/03/21		0.58	0.78	
09/02/21		0.58	0.78	
10/04/21		0.56	0.75	
11/02/21		0.58	0.77	
12/02/21		0.56	0.74	
12/30/21		0.01	0.01	
01/04/22		0.58	0.77	
02/02/22		0.58	0.76	
03/02/22		0.52	0.68	
04/04/22		0.58	0.76	
05/03/22		0.56	0.73	
06/02/22		28.68	37.17	
07/05/22		65.49	84.50	
08/02/22		114.34	147.00	
09/02/22		172.25	220.57	
10/04/22		196.77	250.90	
11/02/22		257.72	327.41	
12/02/22		314.07	397.41	
01/04/23		354.84	447.10	
02/02/23		377.81	474.28	
03/02/23		362.13	452.80	
04/04/23		409.35	509.67	
05/02/23		413.37	512.77	
06/02/23		449.70	555.63	
07/05/23		440.15	541.46	
08/02/23		459.88	563.71	
09/05/23		477.49	582.74	
09/30/23	Bal	113,776.56	138,396.69	
09/30/23	Acc	462.09	562.08	
11/09/27	TOTALS:	9,663.99	-33,188.50	

ISSUE DATE:	11/09/17	REBATABLE ARBITRAGE:	-33,188.50	
COMP DATE:	11/09/27	NET INCOME:	9,663.99	
BOND YIELD: 4.825345%	TAX INV YIELD:	1.391290%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)

11/09/17	Beg	Bal	-345,000.00	-555,767.40	
03/01/18			27,880.00	44,251.14	
03/21/18			10,000.00	15,830.01	
03/21/18			10,062.51	15,928.97	
03/28/18			500.00	790.77	
04/09/18			1,600.00	2,526.77	
04/24/18			-10,062.51	-15,859.50	
05/07/18			4,800.00	7,552.25	
06/01/18			5,000.00	7,841.96	
06/12/18			300.00	469.83	
06/12/18			850.00	1,331.19	
06/19/18			6,235.00	9,755.64	
08/13/18			3,025.00	4,699.36	
08/21/18			280,000.00	434,521.44	
08/24/18			3,000.00	4,653.74	
09/13/18			-300.00	-464.20	
09/14/18			315.00	487.35	
10/03/18			2,000.00	3,086.51	
10/03/18			615.56	949.97	
10/03/18			1,978.98	3,054.07	
07/23/19			6.53	9.70	
11/09/27	TOTALS:	2,806.07	-14,350.43		

ISSUE DATE:	11/09/17	
REBATABLE ARBITRAGE:	
-14,350.43			
COMP DATE:	11/09/27	NET INCOME:	2,806.07			
BOND YIELD: 4.825345%	TAX INV YIELD:	1.129843%			

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(4.825345%)	
11/09/18		-1,700.00	-2,611.05	
11/09/19		-1,730.00	-2,533.41	
11/09/20		-1,760.00	-2,457.34	
11/09/21		-1,780.00	-2,369.54	
11/09/22		-1,830.00	-2,322.67	
11/09/27	TOTALS:	-8,800.00	-12,294.01	

ISSUE DATE:	11/09/17	REBATABLE ARBITRAGE: -12,294.01 COMP DATE:	11/09/27
BOND YIELD: 4.825345%

!!"#$%& 7

This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions
under which the 	Holly Hill Road East CDD	 hereinafter referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

In accordance with the terms and conditions of this Agreement, the agency agrees to protect confidential data in accordance with FS 282.3185 and FS 501.171 and adhere to the standards set forth within these statutes.

For the purposes of this Agreement, all data is provided. It is the responsibility of the agency to apply all statutory guidelines relative to confidentiality and personal identifying information.

The confidentiality of personal identifying information including: names, mailing address and OR Book and Pages pertaining to parcels owned by individuals that have received exempt / confidential status, hereinafter referred to as “confidential data,” will be protected as follows:
The agency will not release confidential data that may reveal identifying information of individuals exempted from Public Records disclosure.
The agency will not present the confidential data in the results of data analysis (including maps) in any manner that would reveal personal identifying information of individuals exempted from Public Records disclosure.
The agency shall comply with all state laws and regulations governing the confidentiality and exempt status of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential data is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential data is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying information is released.
The agency agrees to comply with all regulations for the security of confidential personal information as defined in FS 501.171.
The agency, when defined as “local government” by FS 282.3185, is required to adhere to all cybersecurity guidelines when in possession of data provided or obtained from the Polk County Property Appraiser.

The term of this Agreement shall commence on January 1, 2024, and shall run until December 31, 2024, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER

Signature: 	 Print: Marsha M. Faux CFA, ASA	 Title: Polk County Property Appraiser  Date:  December 1, 2023	
Agency:		 Signature: 		 Print:	 		
Title:	 	 Date:		
Please email the signed agreement to pataxroll@polk-county.net.

!!"#$%& 8

!!"#$%& "

Landscaping is doing well overall based on reviews. Monitoring some of the plantings at entrances for some additional fill-ins where plants are appear to be getting trampled.

Holly Hill Road East CDD Field Management Report | GMS 2023

General Maintenance

Pool gate and dog park gates had flaking and rusted areas cleaned and touched up.
Dog waste bins were inspected. Locks were replaced where needed to ensure they functioned properly and minor adjustments were done to frames.
Street signs were straightened.

!!"#$%& "

!!"#$%& "

Summary of Check Register

September 27, 2023 through November 28, 2023

General Fund					
	9/27/23	510-511	$	23,051.00	
	10/12/23	512-519	$	4,732.08	
	10/25/23	520 - 525	$	14,089.44	
	11/1/23	526 - 527	$	2,920.95	
	11/8/23	528 - 531	$	5,226.32	
	11/22/23	532 - 535	$	7,501.95	
		Total Amount	$	57,521.74	
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/27/23 00063	9/20/23 2334762	202309 310-51300-31100	*	330.00
ENGINEERING SVCS-AUG23
DEWBERRY ENGINEERS INC.	330.00 000510
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/27/23 00012	9/21/23 20011	202309 300-15500-10000	*	22,721.00
FY24 INSURANCE POLICY
EGIS INSURANCE ADVISORS	22,721.00 000511
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00049 10/10/23 AM101020 202310 310-51300-11000	*	200.00
SUPERVISOR FEES-10/10/23
ADAM MORGAN	200.00 000512
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00073 10/10/23 BB101020 202310 310-51300-11000	*	200.00
SUPERVISOR FEES-10/10/23
BARRY C BICHARD	200.00 000513
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00051 10/10/23 BK101020 202310 310-51300-11000	*	200.00
SUPERVISOR FEES-10/10/23
BRENT KEWLEY	200.00 000514
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00011 10/02/23 89252	202310 310-51300-54000	*	175.00
SPECIAL DISTRICT FEE FY24
DEPARTMENT OF ECONOMIC OPPORTUNITY	175.00 000515
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00071 10/10/23 KW101020 202310 310-51300-11000	*	200.00
SUPERVISOR FEES-10/10/23
KAYLA WORD	200.00 000516
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00058 10/07/23 7650	202309 310-51300-31500	*	755.00
ATTORNEY SVCS-SEP23
KILINSKI / VAN WYK, PLLC	755.00 000517
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00061 10/10/23 RB101020 202310 310-51300-11000	*	200.00
SUPERVISOR FEES-10/10/23
PATRICK R BONIN	200.00 000518
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/12/23 00068	9/30/23 11460285 202309 330-53800-12200	*	2,802.08
SECURITY SVCS-SEP23
SECURITAS SECURITY SERVICES USA	2,802.08 000519
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/23 00041	9/26/23 10753	202309 330-53800-48600	*	770.00
CLEANING SERVICE-SEP23
CLEAN STAR SERVICES OF CENTRAL FL	770.00 000520
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/23 00065	9/15/23 106486	202309 330-53800-12200	*	532.60
REPAIR-HARD DRIVE/CAMERA
CURRENT DEMANDS ELECTRICAL &	532.60 000521
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HHRD HOLLY HILL CDD ZYAN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
174	202310 310-51300-31700
ASSESSMENT ROLL-FY24
172	202310 310-51300-34000
MANAGEMENT FEES-OCT23
172	202310 310-51300-35200
WEBSITE ADMIN-OCT23
172	202310 310-51300-35100
INFORMATION TECH-OCT23
172	202310 310-51300-31300
DISSEMINATION SVC-OCT23
172	202310 330-57200-12000
AMENITY ACCESS-OCT23
172	202310 310-51300-51000
OFFICE SUPPLIES-OCT23
172	202310 310-51300-42000
POSTAGE-OCT23
173	202310 320-53800-12000
FIELD MANAGEMENT-OCT23
GOVERNMENTAL MANAGEMENT SERVICES-CF	11,380.85 000522
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/23 00021 10/04/23 25014152 202310 330-53800-48000	*	55.99
PEST CONTROL-OCT23
ORKIN	55.99 000523
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/23 00025	9/18/23 10151	202309 320-53800-47300	*	68.74
REPAIR NOZZELS
9/18/23 10152	202309 320-53800-47300	*	110.43
REPAIR BROKEN HEADS
10/01/23 10279	202310 320-53800-46200	*	11,082.75
LANDSCAPE MAINT-OCT23
10/01/23 10279	202310 330-53800-48200	*	1,549.00
AMENITY ACCESS-OCT23
10/04/23 10375	202310 320-53800-47300	*	63.41
IRRIGATION REPAIRS-HEADS
10/06/23 10406	202310 320-53800-47300	*	217.46
RPLCD HEADS/NOZZELS
9/18/23 10151	202309 320-53800-47300	V	68.74-
REPAIR NOZZELS
9/18/23 10152	202309 320-53800-47300	V	110.43-
REPAIR BROKEN HEADS
10/01/23 10279	202310 320-53800-46200	V	11,082.75- LANDSCAPE MAINT-OCT23
10/01/23 10279	202310 330-53800-48200	V	1,549.00- AMENITY ACCESS-OCT23
10/04/23 10375	202310 320-53800-47300	V	63.41-
IRRIGATION REPAIRS-HEADS
HHRD HOLLY HILL CDD ZYAN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/06/23 10406	202310 320-53800-47300	V	217.46-
RPLCD HEADS/NOZZELS
PRINCE & SONS INC.	.00 000524
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/23 00050 10/01/23 20536	202310 330-53800-48100	*	1,350.00
POOL MAINTENANCE-OCT23
RESORT POOL SERVICES	1,350.00 000525
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/01/23 00065 10/18/23 HHR10172 202310 330-53800-12200	*	1,344.01 ACCESS/CAMERA LABOR
CURRENT DEMANDS ELECTRICAL &	1,344.01 000526
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/01/23 00001	9/30/23 175	202309 330-53800-48800	*	1,576.94
AMENITY RPR & MAINT-SEP23
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,576.94 000527
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6721-11- 202311 310-51300-31200	*	450.00
ARBITRAGE REBATE S17
AMTEC	450.00 000528
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10944	202310 330-53800-48600	*	705.00
CLEANING SERVICES-OCT23
CLEAN STAR SERVICES OF CENTRAL FL	705.00 000529
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/08/23 00050 11/01/23 20808	202311 330-53800-48100	*	1,350.00
POOL MAINTENANCE-NOV23
RESORT POOL SERVICES	1,350.00 000530
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/08/23 00068 10/31/23 11492132 202310 330-53800-12200	*	2,721.32
SECURITY SVCS-OCT23
SECURITAS SECURITY SERVICES USA	2,721.32 000531
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/22/23 00079	9/30/23 00059090 202309 310-51300-48000	*	387.99
NOT OF BOS MEETING-FY24
GANNETT MEDIA CORP DBA	387.99 000532
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/22/23 00001 11/01/23 176	202311 310-51300-34000	*	3,343.67
MANAGEMENT FEES-NOV23
11/01/23 176	202311 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-NOV23
11/01/23 176	202311 310-51300-35100	*	150.00
INFORMATION TECH-NOV23
11/01/23 176	202311 310-51300-31300	*	583.33
DISSEMINATION SVCS-NOV23
11/01/23 176	202311 330-57200-12000	*	500.00
AMENITY ACCESS-NOV23
HHRD HOLLY HILL CDD ZYAN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/01/23 176	202311 310-51300-51000	*	.54
OFFICE SUPPLIES
11/01/23 176	202311 310-51300-42000	*	11.39
POSTAGE
11/01/23 177	202311 320-53800-12000	*	1,391.25
FIELD MANAGEMENT-NOV23
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,080.18 000533
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/22/23 00058 11/11/23 7902	202310 310-51300-31500	*	977.79
ATTORNEY SVCS-OCT23
KILINSKI / VAN WYK, PLLC	977.79 000534
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/22/23 00021 11/03/23 25156384 202311 330-53800-48000	*	55.99
PEST CONTROL-NOV23
ORKIN	55.99 000535
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	57,521.74
TOTAL FOR REGISTER	57,521.74

HHRD HOLLY HILL CDD ZYAN

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Holly Hill Road East
Community Development District

Unaudited Financial Reporting
October 31, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund 	

4	
	Series 2017 Debt Service Fund	

5	
	Series 2018 Debt Service Fund	

6	
	Series 2020A3 Debt Service Fund	

7	
	Series 2020A4 Debt Service Fund	

8	
	Combined Capital Project Funds	

9	
	Capital Reserve Fund	

10-11	
	Month to Month	

12-13	
	Long Term Debt Report	
Holly Hill Road East
Community Development District Combined Balance Sheet
October 31, 2023

	General Fund	Debt Service Fund	Capital Projects Fund	Capital Reserve Fund	Totals Governmental Funds	
Assets:
Cash:
Operating Account	

$	155,190	

$	-	$	

-	$	

-	

$	155,190	
Money Market Account	$	-	$	-	$	-	$	58,635	$	58,635	
Investments: Series 2017
Reserve	$	-	$	113,777	$	-	$	-	$	113,777							
Revenue	$	-	$	139,092	$	-	$	-	$	139,092							
Prepayment	$	-	$	693	$	-	$	-	$	693							
Redemption Series 2018
Reserve	$

$	-	$	191

-	$	61,656	$	-	$

$	-	$	-	$	191
$	-
-	$	61,656							
Revenue	$	-	$	75,466	$	-	$	-	$	75,466							
Prepayment	$	-	$	255	$	-	$	-	$	255							
Construction Series 2020 A3
Reserve	$

$	-	$	-

-	$	116,742	$	54	$

$	-	$	-	$	54
$	-
-	$	116,742							
Revenue	$	-	$	173,925	$	-	$	-	$	173,925							
Construction	$	-	$	-	$	0	$	-	$	0							
Cost of Issuance	$	-	$	-	$	0	$	-	$	0							
Project Rating Agency Series 2020 A4
Reserve	$

$	-	$	-

-	$	95,700	$	20,964	$

$	-	$	-	$	20,964
$	-
-	$	95,700							
Revenue	$	-	$	78,028	$	-	$	-	$	78,028							
Construction	$	-	$	-	$	0	$	-	$	0	
Assessments Receivable	$	1,403	$	1,944	$	-	$	-	$	3,347									
Deposits	$	1,160	$	-	$	-	$	-	$	1,160									
Due from General Fund	$	-	$	16	$	-	$	16									
Prepaid Expenses	$	14,506	$	-	$	-	$	-	$	14,506									
Total Assets	$	172,259	$	857,484	$	21,018	$	58,635	$	1,109,396									
Liabilities:
Accounts Payable	
$	9,533	
$	-	$	-	$	-	$	9,533									
Due to Debt Service	$	16	$	-	$	-	$	-	$	16									
Total Liabilites	$	9,549	$	-	$	-	$	-	$	9,549									
Fund Balance:
Nonspendable:
Deposits & Prepaid Items	

$	15,666	

$	-	$	-	$	-	$	15,666									
Restricted for:											
Debt Service - Series 2017	$	-	$	254,326	$	-	$	-	$	254,326						
Debt Service - Series 2018	$	-	$	137,688	$	-	$	-	$	137,688						
Debt Service - Series 2020 A3	$	-	$	291,263	$	-	$	-	$	291,263						
Debt Service - Series 2020 A4	$	-	$	174,207	$	-	$	-	$	174,207						
Capital Projects	$	-	$	-	$	21,018	$	-	$	21,018						
Unassigned	$	147,044	$	-	$	-	$	58,635	$	205,678						
Total Fund Balances	$	162,710	$	857,484	$	21,018	$	58,635	$	1,099,846						
											
Total Liabilities & Fund Balance	$	172,259	$	857,484	$	21,018	$	58,635	$	1,109,396						

Revenues:

Assessments - Tax Roll
Inta-Governmental Revenue
$	565,628	$
$	87,366	$
-	$	-	$	-
-	$	-	$	-

Total Revenues	$	652,994	$	-	$	-	$	-	

Expenditures:					
General & Administrative
Supervisor Fees	
$	12,000	
$	1,000	
$	1,000	
$	-	
Engineering Fees	$	10,000	$	833	$	-	$	833	
Legal Services	$	25,000	$	2,083	$	978	$	1,106	
Arbitrage	$	1,800	$	150	$	-	$	150	
Dissemination	$	7,200	$	600	$	583	$	17	
Assessment Administration	$	5,300	$	5,300	$	5,300	$	-	
Annual Audit	$	4,100	$	-	$	-	$	-	
Trustee Fees	$	15,839	$	3,030	$	3,030	$	-	
Management Fees	$	40,124	$	3,344	$	3,344	$	0	
Information Technology	$	1,800	$	150	$	150	$	-	
Website Maintenance	$	1,200	$	100	$	100	$	-	
Telephone	$	100	$	8	$	-	$	8	
Postage & Delivery	$	750	$	63	$	12	$	50	
Copies	$	1,000	$	83	$	-	$	83	
Office Supplies	$	200	$	17	$	1	$	16	
Insurance	$	6,586	$	6,586	$	6,197	$	389	
Legal Advertising	$	2,500	$	208	$	-	$	208	
Contingency	$	1,200	$	100	$	40	$	60	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	136,874	$	23,831	$	20,909	$	2,922	

Operations & Maintenance					
Field Expenditures
Field Management	
$	16,695	
$	1,391	
$	1,391	
$	-	
Electric	$	10,000	$	833	$	781	$	53	
Streetlighting	$	46,200	$	3,850	$	2,765	$	1,085	
Property Insurance	$	4,213	$	4,213	$	4,615	$	(402)	
Landscape Maintenance	$	131,600	$	10,967	$	-	$	10,967	
Landscape Replacement & Enhancements	$	22,000	$	1,833	$	-	$	1,833	
Irrigation Repairs	$	7,500	$	625	$	-	$	625	
Sidewalk Repairs & Maintenance	$	3,000	$	250	$	-	$	250	
General Repairs & Maintenance	$	17,500	$	1,458	$	-	$	1,458	
Contingency	$	10,000	$	833	$	-	$	833	
Subtotal Field Expenditures	$	268,708	$	26,254	$	9,552	$	16,702	

Amenity Expenditures
Property Insurance	

$	16,953	

$	16,953	

$	11,909	

$	5,044	
Amenity Landscaping	$	21,000	$	1,750	$	-	$	1,750	
Amenity Landscape Replacement	$	13,000	$	1,083	$	-	$	1,083	
Electric	$	23,760	$	1,980	$	1,761	$	219	
Water	$	680	$	57	$	50	$	6	
Internet	$	2,376	$	198	$	356	$	(158)	
Janitorial Services	$	16,100	$	1,342	$	705	$	637	
Pest Control	$	740	$	62	$	56	$	6	
Amenity Access Management	$	6,000	$	500	$	500	$	-	
Security Services	$	30,900	$	2,575	$	4,065	$	(1,490)	
Amenity Repairs & Maintenance	$	19,800	$	1,650	$	-	$	1,650	
Pool Maintenance	$	18,000	$	1,500	$	1,630	$	(130)	
Playground Lease	$	51,600	$	4,300	$	4,344	$	(44)	
Contingency	$	7,500	$	625	$	-	$	625	
Subtotal Amenity Expenditures	$	228,409	$	34,574	$	25,377	$	9,198	
					
Total Operations & Maintenance	$	497,117	$	60,829	$	34,929	$	25,900	
					
Total Expenditures	$	633,991	$	84,660	$	55,838	$	28,821	
					
Excess (Deficiency) of Revenues over Expenditures	$	19,003		$	(55,838)		

Other Financing Sources/(Uses):					
Transfer Out - Capital Reserve	$	(58,400)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(58,400)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(39,397)		$	(55,838)		
					
Fund Balance - Beginning	$	39,397		$	218,548		
					
Fund Balance - Ending	$	-		$	162,710		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/23	Thru 10/31/23	Variance	

Revenues:				
Assessments - Tax Roll	$	229,722	$	-	$	-	$	-	
Interest	$	-	$	-	$	1,019	$	1,019	
Total Revenues	$	229,722	$	-	$	1,019	$	1,019	

Expenditures:				
Interest - 11/1	$	77,451	$	-	$	-	$	-	
Principal - 5/1	$	70,000	$	-	$	-	$	-	
Interest - 5/1	$	77,451	$	-	$	-	$	-	
Total Expenditures	$	224,903	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	4,820	$	1,019		
				
Fund Balance - Beginning	$	137,390	$	253,307		
				
Fund Balance - Ending	$	142,210	$	254,326		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/23	Thru 10/31/23	Variance	

Revenues:				
Assessments - Tax Roll	$	123,938	$	-	$	-	$	-	
Interest	$	-	$	-	$	552	$	552	
Total Revenues	$	123,938	$	-	$	552	$	552	

Expenditures:				
Interest - 11/1	$	43,463	$	-	$	-	$	-	
Principal - 5/1	$	35,000	$	-	$	-	$	-	
Interest - 5/1	$	43,463	$	-	$	-	$	-	
Total Expenditures	$	121,925	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	2,013	$	552		
				
Fund Balance - Beginning	$	74,324	$	137,136		
				
Fund Balance - Ending	$	76,337	$	137,688		

Revenues:					
Assessments - Tax Roll	$	238,365	$	-	$	-	$	-	
Interest	$	-	$	-	$	1,168	$	1,168	
Total Revenues	$	238,365	$	-	$	1,168	$	1,168	

Expenditures:					
Interest - 11/1	$	86,300	$	-	$	-	$	-	
Principal - 11/1	$	65,000	$	-	$	-	$	-	
Interest - 5/1	$	85,000	$	-	$	-	$	-	
Total Expenditures	$	236,300	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,065		$	1,168		
					
Fund Balance - Beginning	$	166,922		$	290,095		
					
Fund Balance - Ending	$	168,988		$	291,263		

Revenues:					
Assessments - Tax Roll	$	191,400	$	-	$	-	$	-	
Interest	$	-	$	-	$	697	$	697	
Total Revenues	$	191,400	$	-	$	697	$	697	

Expenditures:					
Interest - 11/1	$	62,175	$	-	$	-	$	-	
Principal - 5/1	$	65,000	$	-	$	-	$	-	
Interest - 5/1	$	62,175	$	-	$	-	$	-	
Total Expenditures	$	189,350	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,050		$	697		
					
Fund Balance - Beginning	$	76,248		$	173,510		
					
Fund Balance - Ending	$	78,298		$	174,207		

	Series			Series			Series					
		2018			2020 A3			2020 A4		Total		
Revenues

Interest	

$		

0	

$		

85	

$		

-	$		

85	
Total Revenues	$		0	$		85	$		-	$		85	

Expenditures:

Capital Outlay	

$		

-	

$		

-	

$		

-	$		

-	
Total Expenditures	$		-	$		-	$		-	$		-	
												
Excess (Deficiency) of Revenues over Expenditures	$		0	$		85	$		-	$		85	

Fund Balance - Beginning	$	54	$	20,879	$	0	$	20,933	
					
Fund Balance - Ending	$	54	$	20,964	$	0	$	21,018	

	Adopted	Prorated Budget	Actual														
	Budget	Thru 10/31/23	Thru 10/31/23		Variance												

Revenues:

Interest	

$	-	

$	-	$	-	

$		

-											
Total Revenues	$	-	$	-	$	-	$		-											

Expenditures:

Capital Outlay	

$	-	

$	-	$	-	

$		

-											
Total Expenditures	$	-	$	-	$	-	$		-											
																
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-														

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	58,400	

$	-	$	-	

$		

-											
Total Other Financing Sources/(Uses)	$	58,400	$	-	$	-	$		-											
																
Net Change in Fund Balance	$	58,400	$	-														
																
Fund Balance - Beginning	$	71,900	$	58,635														
																
Fund Balance - Ending	$	130,300	$	58,635														
	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total			

Revenues:																
Assessments - Tax Roll	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$		-	
Inta-Governmental Revenue	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$		-	
Other Income	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$		-	
Total Revenues	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$		-	

Expenditures:																
General & Administrative:																

Supervisor Fees	$	1,000	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,000	
Engineering Fees	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Services	$	978	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	978	
Arbitrage	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	583	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	583	
Assessment Administration	$	5,300	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,300	
Annual Audit	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Trustee Fees	$	3,030	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,030	
Management Fees	$	3,344	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,344	
Information Technology	$	150	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	150	
Website Maintenance	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	100	
Telephone	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Postage & Delivery	$	12	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	12	
Copies	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1	
Insurance	$	6,197	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,197	
Legal Advertising	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Contingency	$	40	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	40	
Dues, Licenses & Subscriptions	$	175	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	20,909	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	20,909	

Operations & Maintenance

Field Expenditures Field Management Electric Streetlighting Property Insurance
Landscape Maintenance
Landscape Replacement & Enhancements Irrigation Repairs
Sidewalk Repairs & Maintenance General Repairs & Maintenance Contingency

$	1,391  $
$	781  $
$	2,765  $
$	4,615  $
$	-  $
$	-  $
$	-  $
$	-  $
$	-  $
$	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	1,391
-  $	781
-  $	2,765
-  $	4,615
-  $	-
-  $	-
-  $	-
-  $	-
-  $	-
-  $	-

Amenity Expenditures Property Insurance Amenity Landscaping
Amenity Landscape Replacement Electric
Water Internet
Janitorial Services Pest Control
Amenity Access Management Security Services
Amenity Repairs & Maintenance Pool Maintenance
Playground Lease Contingency

$	11,909  $
$	-  $
$	-  $
$	1,761  $
$	50  $
$	356  $
$	705  $
$	56  $
$	500  $
$	4,065  $
$	-  $
$	1,630  $
$	4,344  $
$	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	11,909
-  $	-
-  $	-
-  $	1,761
-  $	50
-  $	356
-  $	705
-  $	56
-  $	500
-  $	4,065
-  $	-
-  $	1,630
-  $	4,344
-  $	-

Series 2017, Special Assessment Revenue Bonds		
Interest Rate:	3.5%, 4.1%, 4.625%, 5.0%		
Maturity Date:	5/1/48		
Reserve Fund Definition	50% of the Maximum Annual Debt service		
Reserve Fund Requirement	$113,777		
Reserve Fund Balance	$113,777		
Bonds Outstanding 10/19/2017	$4,160,000		
Less: Special Call 6/18/18	($150,000)		
Less: Special Call 8/1/18	($420,000)		
Less: Special Call 11/1/18	($15,000)		
Less: Principal Payment 5/1/19	($60,000)		
Less: Principal Payment 5/1/20	($60,000)		
Less: Special Call 11/1/20	($5,000)		
Less: Principal Payment 5/1/21	($65,000)		
Less: Principal Payment 5/1/22	($65,000)		
Less: Principal Payment 5/1/23	($70,000)		
Current Bonds Outstanding	$3,250,000	

Series 2018, Special Assessment Revenue Bonds		
Interest Rate:	4.25%, 5.0%, 5.25%		
Maturity Date:	5/1/48		
Reserve Fund Definition	50% of the Maximum Annual Debt Service		
Reserve Fund Requirement	$61,656		
Reserve Fund Balance	$61,656		
Bonds Outstanding 10/19/2018	$2,800,000		
Less: Special Call 8/1/19	($930,000)		
Less: Special Call 11/1/19	($35,000)		
Less: Principal Payment 5/1/20	($30,000)		
Less: Special Call 11/1/20	($5,000)		
Less: Principal Payment 5/1/21	($30,000)		
Less: Special Call 11/1/21	($5,000)		
Less: Principal Payment 5/1/22	($30,000)		
Less: Special Call 5/1/22	($5,000)		
Less: Special Call 11/1/22	($5,000)		
Less: Principal Payment 5/1/23	($35,000)		
Current Bonds Outstanding	$1,690,000	

Series 2020 Assessment Area 3, Special Assessment Revenue Bonds		
Interest Rate:	4.0%, 4.5% 5.0%, 5.0%	
Maturity Date:	11/1/50	
Reserve Fund Definition	50% of the Maximum Annual Debt Service	
Reserve Fund Requirement	$119,125	
Reserve Fund Balance	$116,742	
Bonds Outstanding 5/20/20	$3,660,000	
Less: Principal Payment 11/1/21	($60,000)	
Less: Principal Payment 11/1/22	($60,000)	
Current Bonds Outstanding	$3,540,000	

Series 2020 Assessment Area 4, Special Assessment Revenue Bonds		
Interest Rate:	3.0%, 3.5%, 4.0%, 4.0%	
Maturity Date:	5/1/51	
Reserve Fund Definition	50% of the Maximum Annual Debt Service	
Reserve Fund Requirement	$95,700	
Reserve Fund Balance	$95,700	
Bonds Outstanding 7/22/20	$3,325,000	
Less: Principal Payment 5/1/22	($60,000)	
Less: Principal Payment 5/1/23	($65,000)	
Current Bonds Outstanding	$3,200,000